Unemployment and Income Inequality in Nigeria

IJRDO - Journal of Social Science and Humanities Research

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Field Value
Title Unemployment and Income Inequality in Nigeria
Creator Ewubare, Dennis B.
Kelechi C. Nnamdi
Subject Unemployment
Income Inequality
Labour force
Description This study offers update on the assessments of unemployment and income inequality in Nigeria, using data from the General Household Surveys of the National Bureau of Statistics. Data were also obtained from World Bank and Central Bank of Nigeria. Based on an array of operational techniques, the study made the following major findings: first, the Nigeria economy is characterized by a persistent rise in national unemployment rate, with variability at some periods; which may persist. Second, the male labour force has a higher unemployment rate compared to their female counterpart. Third, unemployment is higher among youths, between 15-34years. Fourth, in addition to socioeconomic and demographic characteristics, post-secondary educational labour force is the dominant class of the unemployed. Fifth, a growing trend of income disparity was found between Nigerian states and regional clusters. Finally, it was revealed that rising unemployment accelerates income inequality. Besides, fiscal federalism, strategic economic policies aimed at providing sustainable employment encompassing the youths and graduates of post-secondary education should be put in place.
Publisher IJRDO Journal
Date 2020-11-30
Type info:eu-repo/semantics/article
Format application/pdf
Identifier https://ijrdo.org/index.php/sshr/article/view/4023
Source IJRDO - Journal of Social Science and Humanities Research (ISSN: 2456-2971); Vol. 5 No. 11 (2020): IJRDO - Journal of Social Science and Humanities Research (ISSN: 2456-2971) ; 01-21
Language eng
Relation https://ijrdo.org/index.php/sshr/article/view/4023/2909
Rights Copyright (c) 2020 IJRDO JOURNAL

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